The Independent National Electoral Commission (INEC) on Tuesday disclosed that about N1trillion was expended by political parties and candidates during the 2015 general elections.
The disclosure was made by the Chief Technical Adviser to the INEC Chairman, Prof. Bolade Eyinla during the opening of a two-day learning conference organised by the Westminster Foundation for Democracy.
The Peoples Democratic Party (PDP) alone was said to have expended N8.74billion in traceable publicity and other related expenses while other opposition political parties spent N2.91billion for the same purpose.
According to Prof Eyinla, the “core cost” of the election as denoted by expenditure by the commission and related institutions was $547million, while total cost, including expenses by political parties and their candidates, was between $1.5billion and $2billion.
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PDP, APC, others spent N1trillion for 2015 elections – INEC
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